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Quarterly Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited) Quarterly Financial Information (Unaudited)
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
(In millions, except per share data)
Sales
$
2,800.1

 
$
2,868.0

 
$
3,620.0

 
$
3,820.5

 
$
3,498.0

 
$
3,625.1

 
$
3,091.0

 
$
3,024.4

Excise taxes
(496.8
)
 
(536.5
)
 
(671.7
)
 
(735.3
)
 
(656.4
)
 
(690.9
)
 
(604.8
)
 
(605.7
)
Net sales
2,303.3

 
2,331.5

 
2,948.3

 
3,085.2

 
2,841.6

 
2,934.2

 
2,486.2

 
2,418.7

Cost of goods sold
(1,413.0
)
 
(1,535.7
)
 
(1,759.8
)
 
(1,739.1
)
 
(1,685.4
)
 
(1,714.0
)
 
(1,520.0
)
 
(1,596.0
)
Gross profit
$
890.3

 
$
795.8

 
$
1,188.5

 
$
1,346.1

 
$
1,156.2

 
$
1,220.2

 
$
966.2

 
$
822.7

Amounts attributable to Molson Coors Beverage Company:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) attributable to Molson Coors Beverage Company
$
151.4

 
$
278.1

 
$
329.4

 
$
424.1

 
$
(402.8
)
 
$
338.3

 
$
163.7

 
$
76.0

Basic net income (loss) attributable to Molson Coors Beverage Company per share
$
0.70

 
$
1.29

 
$
1.52

 
$
1.96

 
$
(1.86
)
 
$
1.57

 
$
0.76

 
$
0.35

Diluted net income (loss) attributable to Molson Coors Beverage Company per share
$
0.70

 
$
1.28

 
$
1.52

 
$
1.96

 
$
(1.86
)
 
$
1.56

 
$
0.75

 
$
0.35


The sum of the quarterly net income per share amounts may not agree to the full-year net income per share amounts. We calculate net income per share based on the weighted-average number of outstanding shares during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full-year result that does not agree to the sum of the individual quarters. Additionally, due to the anti-dilutive effect resulting from the reported net loss attributable to MCBC for the three months ended September 30, 2019, the impact of potentially dilutive securities has been excluded from the quarterly calculation of weighted-average shares for diluted EPS for the third quarter of 2019.